NOT LISTED FOR SALE

49 Bancroft Mills Rd Unit 2E Wilmington, DE 19806

Highlands Neighborhood

Estimated Value: $291,000 - $325,465

1 Bed
1.5 Baths
1,200 Sq Ft
$349/mo HOA Fee

Last Sold November 30, 2022

Last sale price $230,000 $192 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,157/month

178 Days on Market

Highlights

  • River View
  • Contemporary Architecture
  • Wood Flooring
  • Open Floorplan
  • Stream or River on Lot
  • Ceiling height of 9 feet or more

About This Home

As of November 2022

Just move into this main level unit that has just been freshly painted with newly refinished hardwood floors, stainless steel appliances and updated kitchen and bathrooms. Take in spectacular water views from this one-bedroom condo in Bancroft Mills, a unique converted mill building. This one bedroom unit is located on the main level so no up or down the elevator for you! Situated at the end of the hall, this unit is peaceful. Upon entering, you’ll want to call this place home as the condition that allows you to simply move in! Large windows in the great room provide non-stop views of the Brandywine River with natural light teaming through the space. High ceilings with the original exposed wood beams creates a stunning living environment. Kitchen space is updated nicely with stainless steel appliances, granite counters and is open to the great room with counter seating and dry-bar. Partial bathroom is updated and incorporates a stacked washer/dryer, a convenient element. Primary bedroom space is large with abundant closet space, more windows overlooking the River together with its own full bathroom that has been completely renovated and simply sparkles! Don’t miss this outstanding location, walkable to Rockford Park, Kentmere Parkway, the hot spots of Forty Acres/Trolley Square and more. Monthly association fee of $349/month includes common area maintenance, exterior building maintenance, management, snow removal, trash and water/sewer. Capital contribution fee paid by buyer at closing.

Last Agent to Sell the Property

Paul Pantano

Pantano Real Estate Inc Listed on: 05/03/2022

Last Buyer's Agent

Marlene Davis

Long & Foster Real Estate, Inc. License #RS285988

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1992

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Double Hung Windows
  • Living Room
  • Dining Room
  • River Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Highlands Elementary School
  • Alexis I. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Stream or River on Lot
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 010.C.0014
  • Assessor Parcel Number 26-002.30-010.C.0014

Community Details

Overview

  • $698 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal, trash, water, sewer, exterior building maintenance
  • Low-Rise Condominium
  • Bancroft Mills Subdivision
  • Property Manager

Amenities

  • 1 Elevator

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,303

Year Built

Built in 1992

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: There are no screens available.
  • Home Warranty: No
  • Inclusions: All appliances. New range, microwave, dishwasher and stacked washer/dryer. Refrigerator is about 2 years old and works fine though is not brand new.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Just move into this main level unit that has just been freshly painted with newly refinished hardwood floors, stainless steel appliances and updated kitchen and bathrooms. Take in spectacular water views from this one-bedroom condo in Bancroft Mills, a unique converted mill building. This one bedroom unit is located on the main level so no up or down the elevator for you! Situated at the end of the hall, this unit is peaceful. Upon entering, you’ll want to call this place home as the condition that allows you to simply move in! Large windows in the great room provide non-stop views of the Brandywine River with natural light teaming through the space. High ceilings with the original exposed wood beams creates a stunning living environment. Kitchen space is updated nicely with stainless steel appliances, granite counters and is open to the great room with counter seating and dry-bar. Partial bathroom is updated and incorporates a stacked washer/dryer, a convenient element. Primary bedroom space is large with abundant closet space, more windows overlooking the River together with its own full bathroom that has been completely renovated and simply sparkles! Don’t miss this outstanding location, walkable to Rockford Park, Kentmere Parkway, the hot spots of Forty Acres/Trolley Square and more. Monthly association fee of $349/month includes common area maintenance, exterior building maintenance, management, snow removal, trash and water/sewer. Capital contribution fee paid by buyer at closing.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Washer, Dryer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Wood Floors, Exposed Beams, Floor Plan - Open, Bar
  • Window Features: Double Hung
  • Fireplace: No
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, High
  • Floors In Unit Count: 4
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 199.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: River, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 349.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Water, Sewer, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 698.00

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: HIGHLANDS
  • Middle School: ALEXIS I. DU PONT
  • High School: ALEXIS I. DUPONT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: HIGHLANDS
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: ALEXIS I. DU PONT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 61300.00
  • Land Assessed Value: 10900.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 26C-6
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2390006
  • School Tax: 1782.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3303.00
  • Assessor Parcel Number: 26-002.30-010.C.0014
  • Tax Lot: 010.C.0014
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/30/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2017
Sold by
Westford Properties Llc Series F
Bought by
Burton James W
Current Estimated Value
$305,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Bachmans Valley Bollinger Joint Venture
Bought by
Westford Properties Llc Series F

Purchase Details

Closed on
Oct 22, 2005
Sold by
Bachmans Valley Bollinger Joint Venture
Bought by
Burton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burton James W -- None Available
Westford Properties Llc Series F -- None Available
Burton James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton James W $116,800
Closed Burton James W $136,500
Previous Owner Burton James $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $230,000 -4.1% $192 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $239,900 +4.3% $200 / Sq Ft
07/21/2022 07/21/22 Off Market $230,000 -- --
05/03/2022 05/03/22 For Sale $225,900 -- $188 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,253 $72,200 $10,900 $61,300
2023 $1,958 $72,200 $10,900 $61,300
2022 $1,967 $72,200 $10,900 $61,300
2021 $1,964 $72,200 $10,900 $61,300
2020 $1,975 $72,200 $10,900 $61,300
2019 $3,426 $72,200 $10,900 $61,300
2018 $1,966 $72,200 $10,900 $61,300
2017 $1,962 $72,200 $10,900 $61,300
2016 $1,860 $72,200 $10,900 $61,300
2015 $3,060 $72,200 $10,900 $61,300
2014 $2,905 $72,200 $10,900 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2022674

Bright MLS

APN: 26-002.30-010.C-0014